Business● Low2h ago · Nov 5, 2026, 8:00 AM
Oil giants cash in on the US-Iran conflict. Can an EU-wide tax on oil profits ease the energy crisis?
GlobeAlert Desk · curated from EuroNews [en] · global
A new report commissioned by Greenpeace Germany found that oil companies earned €36 billion in additional margins from the fallout of the US-Iran conflict between March 1 and October 19. Can Europe tax these profits to help ease rising energy bills?
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1 Low
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